Bonds
Bonds Articles
The newest FOMC Minutes from the March 16 meeting might be dovish compared to what the inflation hawks want to see, but the FOMC is coming to grips with future rate hikes. The bias is still a...
Published:
Last Updated:
The 10-Year Treasury Note is back at 4.00% for the first time since June 2009. The 30-Year is still under the 5.0% hurdle, but both of these levels may need to be watched here. This watch is not...
Published:
Last Updated:
We have been given the pricing of Greece’s seven-year benchmark note offering. Frankly, the yield is rather surprising. The 5 Billion Euro issue bears a 5.90% coupon for an April 20, 2017...
Published:
Last Updated:
The Treasury bond market weakness is tied in part to a poor US Treasury auction of $42 billion in five-year notes at Wednesday’s auction with a high rate of 2.605% on a bid-to-cover ratio of...
Published:
Last Updated:
Congressman Barney Frank and Senator Chris Dodd are not wasting any time after health care reform. In a press conference this morning, the two well-known Democrats said financial reform was next on...
Published:
Last Updated:
The stock market has become the marketplace of rumors. Now it seems the same is true for the bond market as well. Rumors have been floating around that the Fed may raise the discount rate again...
Published:
Last Updated:
If you think that the credit issue and risk in sovereign debt is going away any time soon, you better think again. A small under-covered downgrade today is something which should be reviewed by...
Published:
Last Updated:
As expected, despite a belief that rates need to rise from here, the FOMC announced decision on interest rates leaves the 0.0% to 0.25% Fed Funds rate target unchanged. A 9-1 vote, with Hoenig as...
Published:
The FOMC decision on interest rates is expected today at or around 2:15 PM EST. Most market pundits are expecting no change to the Fed Funds Rate. The target of 0.00% to 0.25% is still being...
Published:
The National Association for Business Economics, or the NABE, has continued on its call for a muted recovery. But there are some key issues it has brought up. The NABE sees a rate hike sooner...
Published:
If you have read the news about Greece, Spain, and other PIIGS nations, you might think that the EuroZone and any neighboring states would be in the tank. If you asked about Turkey without making...
Published:
Just yesterday in the FOMC meeting minutes from January, it was becoming painfully clear that the FOMC was getting closer to hiking rates. Most notable was that the discussions had revolved around...
Published:
The minutes of January’s FOMC meeting show no expectation that rates or inflation are soon to explode higher. But what is becoming more evident is that this near-zero rate policy is starting to...
Published:
If you have followed all the news about sovereign debt risks in the PIIGS (Portugal, Italy, Ireland, Greece, and Spain), you would think that perhaps the Euro was about to implode overnight or that...
Published:
The government is slowly winding down its added liquidity additions via mortgage and securities purchases from banks and lenders. Sort of. Ben Bernanke’s outline of how to exit the end of free...
Published: